Answer:
Answer is A
Explanation:
Remember Gross Margin = Gross Profit /Sales Revenue
We already know that Gross Margin = 0.4
We assume sales revenue as the unknown value (S)
Using the relationship above: Gross Profit (GP) = 0.4S
We know that Profit Before Tax = Gross Profit - General & Admin Expenses - Interest Expense
Substitute the values in the equation above.
Profit Before Tax (PBT) = 0.4S - 50 - 20
= 0.4S - 70
To calculate the Tax we multiply the Tax rate (30%) by the PBT
Tax = (0.3) x (0.4S -70)
= 0.12S - 21
We know that Net Income = PBT - Tax
We now substitute the values:
70 = 0.4S - 70 - (0.12S - 21)
Solving the equation for S results in the value of Sales Revenue equaling $425.
Answer:
a licensed real estate broker
Explanation:
A "real estate agent" is a<em> licensed individual</em> who works by buying and selling properties. In order to practice this profession, he needs to associate himself that he's working under a<em> brokerage. </em>
The person can lawfully do his work as a real estate agent, provided that the <u>real estate broker he's working for has a license.</u> If the broker doesn't have a license, then it's considered illegal.
So to speak,<u> the real estate agent functions like a salesperson.</u>
Answer:
where's the picture I cant find it
Answer:
Option "C" is correct.
Explanation:
This occurs when the portion of the marginal cost curve is above its average cost curve.
Answer:
A- Group think
Explanation:
In group think, bad decisions are often made because, rather than consider other alternatives, a group of people agree to a decision suggested by, in most cases, the most superior party in the room.
This form of thinking hides true opinions of other members of the group and though the decision is agreed upon, they could truly not want to be a part of the process.
In this scenario, there is an agreement with the Senior Executive on the plan of action however, nobody is interested in taking up the responsibility to follow through with the plan. This indicates a level of disagreement of other members with the plan regardless of the initially stated agreement with the plan.
